Browsing Tag
401(k) Retirement
1092 posts
A 401(k) retirement plan is a tax-advantaged savings account offered by many U.S. employers to help employees save for retirement. Workers contribute a portion of their paycheck, often pre-tax, and employers may match part of that contribution. The money is typically invested in mutual funds, stocks, or bonds and grows tax-deferred until withdrawal, usually after age 59½. Some plans offer a Roth option, allowing after-tax contributions with tax-free withdrawals. 401(k)s have annual contribution limits set by the IRS and may include features like automatic enrollment and loans. Early withdrawals may incur taxes and penalties unless exceptions apply.
Value-Focused Retirement Plan Solution for Small Employers Debuts from Transamerica
New Transamerica Advantage Solution is a configurable plan offering small employers flexibility to create an efficient workplace retirement savings program
Hub’s Latest Deal: Raffa Financial Services
Acquisition will expand Hub's employee benefits and retirement advisory capabilities in Mid-Atlantic region
Roth Popularity Continues Rapid Rise
Plan Sponsor Council of America says Roth options are now in a record amount of 401k plans
2022 World’s Best Place to Retire Is…
International Living is out with its latest list of the best foreign countries for Americans to retire comfortably and affordably, and a Central American powerhouse is back on top
A Better 401k Cited as Top Reason to Switch Jobs
New survey from Betterment’s 401k business shows a “high-quality 401k” and a “401k matching program” are the most enticing benefits for potential job-changers
11 Eyebrow-Raising Facts from the Secure Retirement Institute
A cherrypicked selection of startling statistics and trends taken from the recently released Retail Retirement Reference Guide—and these are only from Chapter 1!
4 Very Different ‘No. 1 Places to Retire’
Time for a little retirement daydreaming as we explore the top spots to retire according to new research from a variety of sources—two in the states, and two on distant shores
SECURE Act’s Impact on Retirement Plans (So Far)
A record number of employees are eligible for and participating in 401k plans, likely spurred by the 2019 SECURE Act provisions, PSCA finds
Workers Prioritize Financial Wellness Above Most Benefits
The pandemic has caused workers to reevaluate the benefits most important to them, and financial benefits programs are now a top priority
Miami Mayor Wants His 401(k) in Bitcoin
Mayor Francis Suarez—who already receives part of his salary in Bitcoin—reveals plans to contribute to his retirement plan and eventually take part of his 401k payout in the cryptocurrency as well